Which of the following statements about the statute of frauds is correct? Select the letter of the statement(s) which is/ar true.
A) The statute of frauds is a law which imposes a criminal penalty upon the wrongdoer for committing fraud in making a contract
B) When person put their agreement in writing, the meaning of the written agreement cannot be changed or contradicted by using prior or contemporaneous oral agreements, unless there was a mistake, accident, or fraud in preparing the written contract; this ligal doctrine is called the statute of frauds.
C) The statute of frauds applies to both executory and executed contracts in exactly the same way.
D) Two of the above statesments are correct
E) None of the above statements are correct.
A) The statute of frauds is a law which imposes a criminal penalty upon the wrongdoer for committing fraud in making a contract
B) When person put their agreement in writing, the meaning of the written agreement cannot be changed or contradicted by using prior or contemporaneous oral agreements, unless there was a mistake, accident, or fraud in preparing the written contract; this ligal doctrine is called the statute of frauds.
C) The statute of frauds applies to both executory and executed contracts in exactly the same way.
D) Two of the above statesments are correct
E) None of the above statements are correct.